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20121201
20121231
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CSPAN2 2
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CSPAN
Dec 14, 2012 12:00pm EST
. >> thank you very much. miss moore recognized for five minutes. >> thank you so much, mr. chairman. i just want to pursue the line of questioning mr. neugebauer venter into because it seems to me that you are suggesting that futures are transparent, they're well-regulated and we all know that swaps were not. and now that this new swaps future market is developing, i'm wondering if you are concerned about the regulatory arbitrage of the, only about 50% of margin being required? they're being treated as equivalence, don't you think, don't you think, margin may be just one of the regulatory gaps that exist. wondering what your thoughts are on that? >> one of the innovations in the market in the last few months has been this product, future on a swap. so it's a future, that trades on a futures exchange and it's cleared and its's transparent. but yes, we're taking a look at it to better understand it. it's a new product. if i can call you chairman as well. the chairman said, we're, the market should innovate that we're not deciding future swaps or futures on swaps but we're certainly taking a l
CSPAN
Nov 30, 2012 11:00pm EST
for democracy is the ambitious, and it are her believe the liberty. governor moore said democracies savaging wild and benjamin rush said a simple democracy is one of the greatest diseases. the point is the undemocratic elements of the constitution arthur on purpose. among the 52 election at the time of your senators by state legislators, independent judiciary, bicameral legislature. next point of the last of minority rights. the senate is one of these less democratic elements for a good reason. his purpose is to check majoritarian impose other majoritarian house. i was a creature of the house before a creature of the senate and look at the good house staffer i hated the senate because he was the graveyard for all the legislation we wanted to push through. but at the feet of vertical, a famous expert came to appreciate the importance of the senate and went to the white house respect it. there's a story that is probably apocryphal, but it's too good because it can reduce the truth about the senate. when jefferson and you had been ambassador to to france came back and sat with washington asked
Search Results 0 to 1 of about 2